Attempt to breakdown a long hailing trend
Updated
Britannia is attempting to break down on the hourly chart pattern.
Since Nifty has formed all time low - Britannia is moving upwards
Once the stock breaks below 2800 levels, the stock is expected to drop till 2720 which would be the first target.
breaking 2800 means the candle should close below 2800 on a minimum of 15 Minutes time frame
**Please do not trade based on my recommendations. The above views are only for educational purposes.
Since Nifty has formed all time low - Britannia is moving upwards
Once the stock breaks below 2800 levels, the stock is expected to drop till 2720 which would be the first target.
breaking 2800 means the candle should close below 2800 on a minimum of 15 Minutes time frame
**Please do not trade based on my recommendations. The above views are only for educational purposes.
Trade closed: stop reached
Stop hit
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